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Purchasing Management Of Business Services In The Contemporary Knowledge Based Economy


  • Corina Pop Sitar

    (Romanian Academy Iasi Subsidiary Romania)


Over the last years many countries have turned into real service economies. As aresult the strategic importance of purchasing services has increased. This article aims topresent the complexity of the process of buying services. The article begins with findings fromthe literature review regarding the increasing importance of services in the contemporaryknowledge based economy. Next, we present the specific characteristics of services whichmake more difficult the process of buying services. Furthermore, the paper presents thefindings from three case studies. At the end of the paper we present the conclusions and therecommandations for managers about how they can improve the purchasing management ofservices.

Suggested Citation

  • Corina Pop Sitar, 2012. "Purchasing Management Of Business Services In The Contemporary Knowledge Based Economy," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-26.
  • Handle: RePEc:alu:journl:v:1:y:2012:i:14:p:26

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    References listed on IDEAS

    1. de Mello, Luiz R, Jr, 1999. "Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data," Oxford Economic Papers, Oxford University Press, vol. 51(1), pages 133-151, January.
    2. Luiz de Mello, 1997. "Foreign direct investment in developing countries and growth: A selective survey," Journal of Development Studies, Taylor & Francis Journals, vol. 34(1), pages 1-34.
    3. Andrzej Baniak & Jacek Cukrowski & And Jan HerczyƱski, 2003. "On the Determinants of Foreign Direct Investment in Transition Economies," Problems of Economic Transition, M.E. Sharpe, Inc., vol. 48(2), pages 6-28, January.
    4. Jacek Cukrowski & George Kavelashiwli, 2001. "Determinants of Foreign Direct Investment in Georgia," CASE-CEU Working Papers 0039, CASE-Center for Social and Economic Research.
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    More about this item


    purchasing management; business services; knowledge based economy;

    JEL classification:

    • L8 - Industrial Organization - - Industry Studies: Services
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D


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